Sarah ChenFashion
Bauhaus ekes profit out of store closures, refocuses on profitability
Fashion group Bauhaus saw turnover fall 58.1 percent to $47.9 million during the year to 31 March 2021, pushing gross profit down 55 percent to $31 million. The group was able to deliver a net profit result of $12.8 million – a vast improvement on last year’s…